OK, you are correct above. I have been reading "electrically joined at both ends" to mean "at a point" (the usual situation), but I agree two ends could be electrically joined by, say, a third conductor. Thanks for taking the time to clear that up.
So, I have only two lines of reasoning left:
The switch can't be part of "electrical joining", because sometimes the connection is open. That's a little weak, as the text doesn't say "continually electrically joined". Now how about if it is a lighted switch or has some other function in addition to switching? Does a load electrically join the two conductors feeding it? How about the two ends of a coil in a transformer, are they electrically joined?
Or Exception 1 could be broadly construed to apply, but that is a stretch.
Any thoughts on 240.4 and parallel conductors?
Cheers, Wayne